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-   -   Any "Latest & Greatest" about Delta? (https://www.airlinepilotforums.com/delta/36912-any-latest-greatest-about-delta.html)

gloopy 06-07-2014 08:42 AM


Originally Posted by Mesabah (Post 1659980)
The EtD has boosted our 9E application pool into double digits. Success!!

Only TWO applications are from guys coming out of flight school. The others are guys working at other 121 regionals.

Its pretty funny that management fights tooth and nail to keep mainline costs as low as possible, but then brags about the higher pay and QOL a mainline job brings to entice pilots to apply to a system regional for much lower pay and QOL.

They could fix the DCI problem once and for all and have a never ending flood of applications if they just spent a portion of the "shareholder return" that will likely do very little in proportion to help the company in any concieveable way in the long run.

Carl Spackler 06-07-2014 08:47 AM


Originally Posted by ilinipilot (Post 1660098)
Management cannot say to investors we are a leading transport company and tell us in negotiation we are an average airline.

Pay up


Originally Posted by tsquare (Post 1660107)
That is a very fair point, and if I were a negotiator that is exactly the tack I would take.

If you were a negotiator you would use this tack right up until Richard told you to decide what you want to give up for the gains you seek. Then you would say: "Let me get back to you on that Mr. Anderson."

Anything else is giving management a bloody nose that will only hurt the stock price.

Carl

gloopy 06-07-2014 08:59 AM


Originally Posted by sailingfun (Post 1660159)
Perhaps, the only company in talks at the moment is SW. They are doing nothing and friends there say they have no plans to push. They would prefer we pass them up so they can regain their historical cost advantage and start growing again.

That's a pretty flimsy plan. I don't think any legacy is going to exceed them by anywhere near their original hyper growth cost differential. Those days are over and their growth is pretty much tapped out domestically. While everyone for some reason seems to think super low yielding Hawaiian ETOPS will make it rain money, SWA needs to go international big time if they ever want to grow as an airline. Big time international too, not just Caribbean and CA/upper SA international.

They could also get in bed with foreign airlines, but their hub structure is very weak for that and it likely won't change. They need widebodies to fly to EU, Asia and deep SA. But if they do that, their costs will further increase at a time they would be declaring nuclear war on the premium revenue of everyone else with little capacity to spare for anyone.

Yet if they stagnate…

I think they have at least one more merger in them, and it will likely be all or part of JB. They need a much, much, much bigger NYC presence before they ever attempt 787's over the pond.

Mesabah 06-07-2014 09:01 AM

Tsquare has probably made seven figures off Delta stock by now, he's been saying on here for years he's been buying, why the hell would he want that gravy train to stop?

marcal 06-07-2014 09:01 AM

Hi,

I was wondering if someone could answer this question about the Delta B-Plan retirement?

Will I have the ability to invest in low-cost index funds i.e. Vanguard type within the plan, or do I have to choose from a bunch of expensive mutual funds that the provider offers?

Thanks!

scambo1 06-07-2014 09:06 AM


Originally Posted by marcal (Post 1660197)
Hi,

I was wondering if someone could answer this question about the Delta B-Plan retirement?

Will I have the ability to invest in low-cost index funds i.e. Vanguard type within the plan, or do I have to choose from a bunch of expensive mutual funds that the provider offers?

Thanks!

thru the brokeragelink - something you set up within the plan, you can trade virtually anything. It is really a strong tool.

gloopy 06-07-2014 09:07 AM


Originally Posted by DALMD88FO (Post 1660122)
I think it matters less and less what the other airlines are doing. This management team has consistently said we want to be viewed as a leading transport company not just an airline company. So let's use that when we demand our restoration. Management cannot say to investors we are a leading transport company and tell us in negotiation we are an average airline.
Pay up


I agree we have no peer in the industry, however this was posted on the UAL/CAL part of this website

1) Why are our pay rates less than DAL?
· Overall total contract value in 2013 matches DAL, then surpasses DAL in 2014
· We could have matched DAL pay rates in 2013 but we put the money in other areas of the contract
o 2013 our B/C fund defined contribution is 2% greater than DAL
o 2013 profit sharing percentage is greater than DAL
o Vacation value is greater than DAL
o Health care plans are better than DAL
o M5D rig will increase our W-2 compared to DAL despite lower pay rates

So we can move up in these areas if they are true.

The key takeaway IMO for this is the differential now is much lower than in 2012. Same for AA and the old OMGWTF USAir contract. Not to mention our company is doing way better now than it was doing then, with an even brighter projected future. They are literally scrambling around trying to find places to dump money. They are flushing over 2 billion into a black hole that won't help the company long term and they are still rolling in it.

We can make very good gains without having to "United Plus" anyone.

I do worry a little about not making enough gains. I worry way more about how much we may end up "paying for" whatever gains we get.

shiznit 06-07-2014 09:43 AM


Originally Posted by DALMD88FO (Post 1660122)
I agree we have no peer in the industry, however this was posted on the UAL/CAL part of this website
1) Why are our pay rates less than DAL?
· Overall total contract value in 2013 matches DAL, then surpasses DAL in 2014
I'm unconvinced their contract value is higher.... but nobody on here has shown the evidence (including me)
· We could have matched DAL pay rates in 2013 but we put the money in other areas of the contract
o 2013 our B/C fund defined contribution is 2% greater than DAL
Presently the UCAL DC is only 1% more than us
o 2013 profit sharing percentage is greater than DAL
In 2013, they didn't exceed the DAL actual profit sharing; in 2014 going forward, the UCAL profit sharing plan is LESS than DAL
o Vacation value is greater than DAL
Both UAL and DAL pay 3:15 for each vacation day
( but they get an extra week at yr 11 and 25)

o Health care plans are better than DAL
This is true, AFAIK
o M5D rig will increase our W-2 compared to DAL despite lower pay rates
The "M5D" is an ADG of 5:00. The LOA puts DAL above that at 5:15.

So we can move up in these areas if they are true.
AGREED!

It is my opinion that the UAL pilots do not create higher W-2's than DAL pilots. There are other considerations however, and it's a lot of apples v. oranges (think DH and dry cleaning v. reserve rules and 1CA3FO on 8:00-12:00 flts). How the value totals up in the end is up to the experts, but from what I've seen of my friends at UAL and what they are taking home (and how much time at home they get), I would not want to work under their UPA instead of ours.

Overall UALPA did get dang close in total value, AMR eliminated the "LCC anchor" and has a "pay rate parity review" in 2016. All of that plus working for a very profitable DAL enterprise with little debt and strong positive cash flow bodes very well for us in 9 months (much like 2000).

I truly don't care about seeing survey results... I really only care about seeing actual results**.

**My W-2 was up 23.6% YOY 2012 versus 2013 (for working the same # of days)
My 2013 versus 2014 gross (excluding PS) is up 26.7% YTD.
(in same seat for the entire time)

I'm leaning towards calling those real results, YRMV.

marcal 06-07-2014 09:43 AM


Originally Posted by scambo1 (Post 1660198)
thru the brokeragelink - something you set up within the plan, you can trade virtually anything. It is really a strong tool.

Thanks for the info!

casual observer 06-07-2014 09:45 AM

I'm afraid this thread has lost its way.

I haven't seen a picture of a cheerleader for quite some time.


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